22 May, 2026

Avista to acquire sanotact; Actera invests $125M in Kinetics LNG

Deal Wrap is updated as of 3 p.m. ET.

- Avista Capital Holdings LP, doing business as Avista Healthcare Partners, agreed to buy German vitamins, minerals and supplements platform sanotact Group GmbH. Damier Group will join as co-investor alongside existing sanotact backer Flotte Beteiligungen GmbH. Alantra was Flotte's M&A adviser, and CMS was its legal adviser. White & Case was Avista and Damier's legal adviser.

- Douglas, Isle of Man-based Kinetics LNG Holdings Ltd., which operates a fleet of LNG carriers, obtained a $125 million investment from Actera Group Ltd.

- Vaaka Partners Oy signed a deal to become the majority owner of Finnish electrical contracting group Eltrea Toimitilat Oy, which simultaneously agreed to acquire Helsinki-based peer Sähkö-Vendelin. Both deals are subject to competition authority approvals.

- PopDEX, a perpetual decentralized exchange for traders, received $30 million in a seed investment round led by Foresight Ventures Investments.

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